How does a treasury management system support global operations?
A treasury management system (TMS) supports global operations by providing real-time visibility into cash positions across multiple currencies and jurisdictions. It helps manage foreign exchange risk, optimize liquidity, and streamline cash flow forecasting across various regions. A TMS also facilitates compliance with international regulations and tax laws, automates cross-border payments, and integrates with local banking systems. This centralized control enhances decision-making, reduces operational risk, and ensures efficient global cash management.
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